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Bloomberg Businessweek

Goldman, You Don't Have a Chance of Keeping Your Deferred Pay, Right?

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Goldman Sachs is taking away deferred pay from employees who are leaving the bank for a rival firm. CNN's John Sutter says this kind of punishment usually reserved for cases of misconduct, not new jobs. He says what goldman is doing here is rare and unprecedented; it sends a message to people thinking about jumping ship.

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